Cedar Rapids, IOWA – Collins Community Credit Union will break ground on the development of its 100,000-square foot headquarters at noon on Nov. 8 at 1005 Blairs Ferry Road NE in the Northtowne Market across from Target.

The ceremony will begin with a welcome from Collins Community Credit Union President/CEO, Stefanie Rupert, and other prominent community leaders. The official groundbreaking ceremony will take place at noon at the site of the development, followed by a reception across the street at 30hop beginning at 12:15 p.m. Appetizers and refreshments will be served and the ceremony will convene at 1 p.m.

Collins Community Credit Union has grown to become one of the largest credit unions in the state of Iowa with more than 300 employees and branches throughout Eastern Iowa and the Des Moines Metro Area. With rapid growth and expansion grew the need to build a corporate headquarters. The new building will provide Collins employees space to communicate, collaborate, strategize, and innovate.

"The building will be first class and will position the credit union well for growth and expansion into the coming decades," said Saren Johnson, Project Manager of Hunter Companies. Hunter Companies, alongside Ambrose Development Inc., are Collins’ partners in this development project. In addition to its partnership with Hunter Companies and Ambrose Development, Inc., Collins Community Credit Union is working with Aspect, Inc. of Cedar Rapids and Saxton, an Iowa-based commercial interior solutions company.

Ambrose & Associates Realtors is the leasing agent for the approximately 12,000 square feet of additional office, restaurant and retail space in the building.

The estimate completion date for the headquarters is spring of 2020.

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Collins Community Credit Union is a not-for-profit financial cooperative owned by its members. Its field of membership expands to 38 counties with 16 branches in the state of Iowa. Collins Community Credit Union provides a full range of financial products and services to ignite the financial futures of its employees, members, and the communities it serves. For more information, visit www.collinscu.org. Aspire. Ignite. Achieve.